Park Greens
Residential
By DAMAC
18,100,000 AED
Starting Price
6-7BR
Available Units
Dubai
Location
Park greens is an upscale residential project by DAMAC Properties in Damac Hills 2. Set amidst lush landscapes, the project features a collection of 5-bedroom twin villas.
About Park Greens
The master developer offers a convenient 70/30 payment plan, which includes a 20% booking fee. During construction and upon estimated completion in Q1 2028, you must pay 50% and 30%, respectively.
As of Q1 2024, the gross yield for 1-bedroom units in Business Bay averages at 6.4%. The starting price for rent is AED 53K (USD 14K) per annum. As you can see, you can receive a stable cash flow if you lease your property in Altitude de GRISOGONO.
According to DAMAC Properties, off-plan apartments in Business Bay recorded 73% capital value appreciation from Q1 2021 to Q4 2023. The surge was driven by the growing influx of tourists and expat workers. This means that you can profitably resell your property in this complex, even while it is still under construction.
Property owners in Altitude de GRISOGONO become eligible for either a 2- or 10-year visa, depending on the purchase price. Both of these visas include family sponsorship, while the 10-year Golden visa additionally covers domestic staff.
Each property has 3 floors. Among other key features are a garage, a private swimming pool, an outdoor gym/yoga platform, a laundry room, a storage room, a jacuzzi, a private cinema and a terrace. The area of the property is 3,542 square meters. Feet, while the land area is 2462 square meters. Feet.
As of November 2023, the price of the property in Park Greens started at AED 2.9 million (USD 790 thousand). For information about payment plans, please register your interest on our website.
Since the value of the property in Park Greens exceeds AED 2 million (545 thousand US dollars), you have the opportunity to get a golden visa. It is valid for 10 years and applies to the spouse, children, household staff.
Payment Plan
|
Developer
|
Area from
|
Townhouses
|
Total Amount of Units
|
Payment Plan
|
|---|---|---|---|---|
|
DAMAC
|
2,297 sq. ft.
|
4-5BR
|
1900
|
70/30
|
Amenities & Features
Each property has 3 floors. Among other key features are a garage, a private swimming pool, an outdoor gym/yoga platform, a laundry room, a storage room, a jacuzzi, a private cinema and a terrace. The size of the property is 3,542 sq. ft, whilst the plot area stands at 2,462 sq. ft.
When living in Park Greens, you will be able to enjoy all the unparalleled resort-like amenities of DAMAC Hills 2. A few of them include:
- Lazy river
- Malibu Beach
- Wave pool
- Floating movie theatre
- Surfing area
- Bird aviary
- Boating lake
- Barbecue area
- Zen garden
- Giant chess board
- Hedge maze
- Amphitheatre
- Farm
Nearby Facilities
Park Greens is strategically nestled near Al Qudra Road, ensuring hassle-free access to the rest of the emirate. As a result, Dubai Marina, Business Bay and Dubai International Airport, among other locations, can be reached within a 35-minute driving radius.
The development is surrounded by many facilities that can be reached on foot. Among these are:
- Carrefour
- Saudi German Clinics DAMAC Hills 2
- Blue Oasis Veterinary Clinic D2 Branch
- Jeeves Dry Cleaners and Laundry
